Dalcore has awarded a construction contract worth Rs two point two five billion (bn) to BL Gupta Construction for its luxury residential project in Gurugram. The developer said the appointment follows a competitive bidding process and marks a key advancement for the project schedule. The contract covers main construction work and allied civil engineering activities across the development. Work will commence after customary preconstruction formalities are completed.

BL Gupta Construction will be responsible for delivering structural works, internal finishes and external landscaping under the agreed terms. The scope also includes site mobilisation, coordination of specialist subcontractors and procurement oversight to maintain timelines. Dalcore views the collaboration as strengthening its delivery capabilities in the National Capital Region. Both parties will implement safety and environmental safeguards as part of construction protocols.

The contract value converts from an earlier figure quoted in crores and has been disclosed as part of the company announcement, reflecting continued investment in premium housing in Gurugram. Market observers view such appointments as indicators of activity in the high end residential segment and of developer confidence. The project is scheduled to progress through foundation and superstructure phases over the coming months. The award reflects a broader regional trend of investment in upscale residential projects.

Dalcore will monitor construction milestones and statutory compliance while BL Gupta will manage on site operations and supply chain coordination. The developer indicated that it will update stakeholders as work advances and that quality controls will guide delivery. The appointment will involve engagement with local contractors and suppliers across the National Capital Region. Timelines for handover and phased completion will be communicated in due course.